Zen Technologies (BOM:533339) Interest Expense : ₹-23 Mil (TTM As of Mar. 2024)

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What is Zen Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zen Technologies's interest expense for the three months ended in Mar. 2024 was ₹ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-23 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Zen Technologies's Operating Income for the three months ended in Mar. 2024 was ₹ 475 Mil. Zen Technologies's Interest Expense for the three months ended in Mar. 2024 was ₹ -8 Mil. Zen Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 59.18. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Zen Technologies Interest Expense Historical Data

The historical data trend for Zen Technologies's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zen Technologies Interest Expense Chart

Zen Technologies Annual Data

Trend

Mar15

Mar16

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Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-25.68

-1.20

-4.79

-40.76

-22.81

Zen Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-6.26	-4.22	-5.30	-5.27	-8.03

Zen Technologies Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-23 Mil.

Zen Technologies (BOM:533339) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Zen Technologies's Interest Expense for the three months ended in Mar. 2024 was ₹-8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹475 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹41 Mil.

Zen Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	474.928	/	-8.025
	=	59.18

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Zen Technologies Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Zen Technologies (BOM:533339) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Zen Technologies Ltd (BOM:533339) » Definitions » Interest Expense

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ZENTEC:India

Address

B-42, Industrial Estate, Sanathnagar, Hyderabad, TG, IND, 500018

Website

https://www.zentechnologies.com

Zen Technologies Ltd is engaged in the design, development, and manufacture of training simulators. The products of the company are; Weapon Simulator, Hand Grenade Simulator, Driving Training Simulator, BMP-II Driving Simulator, Forward Observer Simulator, Tactical Engagement Simulator and among others. The firm offers its products to police and paramilitary forces, armed forces, security forces, government departments, such as transport, mining, infrastructure, and civilian markets. It operates through Training and Simulation segment. The company caters to both domestic and international markets.

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